M&A Deal Summary

Superior Energy Services Acquires HB Rentals L.C.

On June 21, 2000, Superior Energy Services acquired energy services and equipment company HB Rentals L.C.

Acquisition Highlights
  • This is Superior Energy Services’ 1st transaction in the Energy Services and Equipment sector.
  • This is Superior Energy Services’ 1st transaction in the United States.
  • This is Superior Energy Services’ 1st transaction in Louisiana.

M&A Deal Summary

Date 2000-06-21
Target HB Rentals L.C.
Sector Energy Services and Equipment
Buyer(s) Superior Energy Services
Deal Type Add-on Acquisition

Target

HB Rentals L.C.

Broussard, Louisiana, United States
HB Rentals, L.C. is a energy services company supplies offshore and onshore accommodations and supporting equipment for the oil and gas industry.

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Buyer(S) 1

Buyer

Superior Energy Services

Houston, Texas, United States

Category Company
Founded 1991
Sector Energy Services and Equipment
Employees5,200
Revenue 1.4B USD (2019)
DESCRIPTION

Superior Energy Services is a provider of specialized oilfield services and equipment focusing on serving the production-related needs of oil and gas companies operating in the Gulf of Mexico. Superior provides a wide range of 'post-wellhead' products and services necessary to produce and maintain offshore production, including coiled tubing, hydraulic workover, well control, mechanical wireline, electric wireline, plug and abandonment services and a wide range of rental tools used in drilling and workover operations. Superior Energy Services was founded in 1991 and is based in Houston, Texas.


DEAL STATS #
Overall 1 of 5
Sector (Energy Services and Equipment) 1 of 5
Type (Add-on Acquisition) 1 of 3
State (Louisiana) 1 of 1
Country (United States) 1 of 4
Year (2000) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-25 Warrior Energy Services

Columbus, Mississippi, United States

Warrior Energy Services provides direction well drilling, downhole surveying, and wireline services to oil and natural gas exploration and production customers operating in Alabama, Mississippi, Montana, New Mexico, North Dakota, Texas, Wyoming, and offshore Louisiana in the Gulf of Mexico. Warrior Energy Services was founded in 1987 and is based in Columbus, Mississippi.

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